524 Ernst PointMount HollyNC28120
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mount Holly at 524 Ernst Point, Mount Holly, NC, 28120 with 5% annual appreciation on a $739,000 basis while $3,154/mo rent supports operations. 4% in year one. Equity gained on principal adds $4,769/yr, and five-year appreciation sums $204,172 alongside rental yield of 5.12%. Five-year ROI measures 67.78% and total cumulative return in cash totals $164,792. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,154/mo property income versus a $3,617/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28120, Mount Holly, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,511 (100%) |
| Owner Occupied HU | 8,249 (71.7%) |
| Renter Occupied HU | 2,623 (22.8%) |
| Vacant Housing Units | 639 ( 5.6%) |
| Median Home Value | $350,350 |
| Average Home Value | $385,667 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,373
Multi-Family
260
Businesses
473
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Listed by: Kathy Carver • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4290417